£320,468
This estimated value is based upon the latest sale price for the house of £280,000 on 13 Nov 2020. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £280,000 | 13 Nov 2020 |
| £49,000 | 14 Jul 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 140 sq meters or 1,506 sq feet |
This model uses changes in the Official Land Registry House Price Index for CUMBRIA to estimate the market value.
When this house was purchased in November 2020 the House Price Index for CUMBRIA was 128.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 14.453%.Applying this 14.453% change to the original purchase price of £280,000 results in an estimated price of approximately £320,468.
| 13 Nov 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 146.7 | 14.453 % | £280,000 | £40,468 | £320,468 |
The Postcode Pricing Model uses changes in average sales price within the CA17 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 72.207 % | £202,178 | £482,178 |
| 3 Month Average | 15.415 % | £43,163 | £323,163 |
| 6 Month Average | 12.262 % | £34,332 | £314,332 |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 9 Jul 2018.
The average size of a house on MELLBECKS is 154 sq meters (1,666 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Market Street |
| Dec 2023 | Drugs | Local resolution | On or near Market Street |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Stoneshot |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Market Square |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Market Square |